Renasant Business Credit, a division of Renasant Bank, announced the closing of a $50 million asset-based line of credit for a national commercial finance company. The facility will provide the company with additional capital to support its lending activities and expand its offerings to small and mid-sized businesses across the US.

The line of credit reflects Renasant Business Credit’s focus on providing flexible, structured financing solutions to other commercial finance companies. By delivering dependable capital to specialty lenders, Renasant Business Credit helps its clients meet the funding needs of the businesses they serve.

"We are pleased to support this commercial finance company with a $50 million facility," said Pat Trammell, Executive Vice President of Renasant Business Credit. "The company has built a strong reputation, and we look forward to supporting its growth. This transaction demonstrates our commitment to providing creative, responsive financing solutions to commercial finance companies."

This follows another successful closing earlier this year in which Renasant Business Credit provided a $25 million Asset Based facility to another leading commercial finance company in Florida in addition to numerous upsizing events throughout 2026 to other lenders currently in the portfolio.